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Silver has given up all its gains made this year, while gold is headed for a similar trend, as both precious metals have declined by 13 per cent and over 5 per cent, respectively, over the past week. The plunge in precious metals was in sync with the global trend, where they have dropped to…

According to the All India Sarafa Association, gold of 99.9% purity fell by ₹2,800 to ₹1,45,300 per 10 grams (inclusive of all taxes) from the previous level of ₹1,48,100 per 10 grams. Gold prices declined by ₹2,800 to ₹1.45 lakh per 10 grams and silver by ₹5,000 in the national capital on Thursday amid subdued…

Gold futures recovered marginally on Thursday, rising ₹405 to ₹1.41 lakh per 10 grams as traders resorted to value buying after a sharp selloff, even as concerns over a strong dollar and the US interest-rate outlook kept sentiment cautious. On the Multi Commodity Exchange (MCX), the yellow metal for August delivery increased by ₹405, or…

Gold prices on Thursday dropped ₹32 to ₹1,41,238 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹32, or 0.02 per cent, at ₹1,41,238 per 10 grams in a business turnover of 1,279 lots. Analysts attributed the fall…

Gold extended losses on ⁠Thursday, after breaking below the key $4,000-per-ounce level for the first time in seven months a day earlier, as the dollar held strong ‌on rising expectations of Federal Reserve interest rate hikes this year. Spot gold was down 0.7 per cent at $3,971.08 per ‌ounce, as of 0311 GMT. US gold…

The probe further highlighted unusually low remuneration to top executives despite high revenues, and a reported 40% mismatch in stock records during physical verification. The Enforcement Directorate on Wednesday alleged that gold refining and jewellery manufacturing company Rajesh Exports’ key business indicators showed “significant” departures from normal commercial practices, in addition to the non-availability of…

Andhra Pradesh Chief Minister N Chandrababu Naidu Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday inaugurated the country’s first private gold mine and gold processing unit, set up by Geomysore Services at Jonnagiri in Kurnool district. Addressing the gathering, Naidu said Geomysore Services had invested ₹405 crore in the project. The unit is expected…

Gold extended losses on Wednesday, touching its ​lowest in almost two weeks as the dollar ⁠climbed due to rising bets on U.S. interest rate hikes, while investors assessed conflicting signals on the U.S.-Iran peace talks. Spot gold fell 1.1% to $4,064.01 per ‌ounce by 0431 GMT, having earlier hit its lowest since June 11. U.S….

Gold prices dropped by ₹3,000 to ₹1.49 lakh per 10 grams, while silver tanked by ₹10,500 to a more than two-month low in the national capital on Tuesday due to a stronger dollar in overseas markets. According to the All India Sarafa Association, gold of 99.9 per cent purity declined by ₹3,000, or 2 per…

The industry’s portfolio has more than tripled, expanding to ₹19.4 lakh crore by March 2026 from ₹6.3 lakh crore in March 2023 | Photo Credit: – Gold loans are rapidly emerging as one of India’s fastest-growing retail credit products, with sourcing surging 84 per cent year-on-year in FY26, outpacing all other segments, according to credit…